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3 Insights To Look For In Microsoft’s Earnings Report

3 Insights To Look For In Microsoft’s Earnings Report

Wall Street is bracing for an important week for corporate earnings, with tech behemoth Microsoft (MSFT) set to report its Q3 results after the market closes on Tuesday. Three areas that might be of particular concern to analysts include the cloud segment, generative AI developments, and the Productivity and Business Processes segment. Overall, the Windows maker […]
Israel Should Not Sacrifice Herself At The Altar Of World Acceptance

Israel Should Not Sacrifice Herself At The Altar Of World Acceptance

Image Source: Unsplash It’s clear Israel will never be the world’s darling. In the aftermath of the most heinous terror attack in our nation’s history, we enjoyed a brief outpouring of support. But soon enough, the demands and pressures return, keeping Israel on the perpetual back foot. This pressure to not defend ourselves is not new, […]
Manipulations Will Work… But Only For So Long

Manipulations Will Work… But Only For So Long

“Someone” saved stocks yesterday.FreepikThe day started with the S&P 500 breaking below:1) The 200-DMA (red line in the chart below).2) The October lows at 4,223 (purple line in the chart below).3) CRITICAL support at 4,200 (blue line in the chart below).This happened as the yield on the 10-Year U.S. Treasury breached 5% for the first time […]
Chart Of The Day: Microsoft Still Looks Great!

Chart Of The Day: Microsoft Still Looks Great!

The Chart of the Day belongs to software company Microsoft (MSFT). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation.  MSFT […]
Marathon Digital Up 13.5% In Premarket As Bitcoin Soars Beyond $34,000

Marathon Digital Up 13.5% In Premarket As Bitcoin Soars Beyond $34,000

Bitcoin (BITCOMP) staged a massive pump, with its price reaching as high as $35,300 on Tuesday, driven by positive developments regarding the approvals of spot Bitcoin exchange-traded funds (ETFs).FreepikThe optimism was also felt in crypto stocks, with Marathon Digital (MARA) and Riot Blockchain (RIOT) seeing double-digit gains in premarket trading. Bitcoin Above $35,000 for the First Time Since […]
The Stark Differences In Electric Vehicle Uptake Across Europe

The Stark Differences In Electric Vehicle Uptake Across Europe

New sales of fully electric cars in Europe are now at 15% compared with just 1% five years ago. And the difference between countries is growing. Italy and Spain are lagging behind, with a share of around 5%. But the uptake in northern European countries is streets ahead, surpassing the 30% milestone.FreepikEurope’s EV adoption highly […]
Gold And Bitcoin Surge With Treasuries Hammered, What’s Going On?

Gold And Bitcoin Surge With Treasuries Hammered, What’s Going On?

Long-Dated US Treasuries Hammered TLT is the 20+ year duration US Treasury ETF. Chart courtesy of StockCharts.comTLT Weekly Technical Analysis TLT is down almost 50 percent since early 2020. Elliott Wave traced out five clean waves. This makes it an impulse wave not a correction. Wave three is usually the longest and strongest. Wave fives can […]
4 Hour Chart Elliott Wave Technical Analysis: USD/CAD – Tuesday, October 24

4 Hour Chart Elliott Wave Technical Analysis: USD/CAD – Tuesday, October 24

​​​​​​USD/CAD Elliott Wave Analysis Trading Lounge 4 Hour  Chart, 24 October 23U.S.Dollar /Canadian Dollar(USD/CAD) 4 Hour ChartUSD/CAD Elliott Wave Technical AnalysisFunction:   Counter TrendMode: impulsive as C of flatStructure: FlatPosition: black wave 2Direction Next Higher Degrees:Black wave 3  Details:  red wave 3 of blue wave C of Flat  starts . Wave Cancel invalid level : […]
Analytical Overview Of The Main Currency Pairs – Tuesday, October 24

Analytical Overview Of The Main Currency Pairs – Tuesday, October 24

The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0591 Prev Close: 1.0668 % chg. over the last day: +0.73 % EUR/USD gained 0.73% on Monday and rose to a weekly high. The Euro went up on Monday following news that the Eurozone Consumer Confidence Index was stronger than expected. For October, the Index fell to 17.9, […]
The Pain Trade Is Higher Into Year-End 
                    
 

The Pain Trade Is Higher Into Year-End  

The “pain trade” continues to be higher into year-end. We made Such a point in January, suggesting the 2022 “correction” was complete. Let’s review what I wrote, and then we will expand on why we believe the “pain trade” is higher over the next few weeks. “From the bullish side of the ledger, the outlook for 2023 has statistical support for a positive […]